American Healthcare REIT, Inc. (NYSE:AHR) Shares Purchased by Arkadios Wealth Advisors

Arkadios Wealth Advisors lifted its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 46.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 45,451 shares of the company's stock after purchasing an additional 14,464 shares during the period. Arkadios Wealth Advisors' holdings in American Healthcare REIT were worth $1,292,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Wellington Management Group LLP grew its position in shares of American Healthcare REIT by 25.7% in the 3rd quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company's stock worth $350,934,000 after buying an additional 2,747,960 shares during the last quarter. Principal Financial Group Inc. grew its holdings in American Healthcare REIT by 54.1% in the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company's stock worth $247,654,000 after purchasing an additional 3,330,714 shares during the last quarter. State Street Corp increased its position in shares of American Healthcare REIT by 221.6% during the third quarter. State Street Corp now owns 3,683,691 shares of the company's stock worth $96,473,000 after purchasing an additional 2,538,177 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of American Healthcare REIT by 76.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,527,123 shares of the company's stock valued at $65,975,000 after purchasing an additional 1,094,296 shares during the last quarter. Finally, FMR LLC acquired a new stake in shares of American Healthcare REIT in the 3rd quarter worth $56,575,000. Hedge funds and other institutional investors own 16.68% of the company's stock.

American Healthcare REIT Trading Down 2.9 %

NYSE:AHR traded down $0.83 on Monday, reaching $27.87. The company's stock had a trading volume of 1,651,164 shares, compared to its average volume of 1,959,224. The firm has a market cap of $4.27 billion and a price-to-earnings ratio of -58.06. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. American Healthcare REIT, Inc. has a 12-month low of $12.63 and a 12-month high of $29.99. The stock has a 50 day moving average price of $28.14 and a 200 day moving average price of $23.89.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.32 by ($0.35). American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The company had revenue of $523.81 million during the quarter, compared to analyst estimates of $474.26 million. The business's quarterly revenue was up 12.8% on a year-over-year basis. On average, equities analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 3.59%. American Healthcare REIT's dividend payout ratio (DPR) is presently -208.33%.

Analysts Set New Price Targets

AHR has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on American Healthcare REIT from $27.00 to $29.00 and gave the company an "overweight" rating in a research note on Monday, December 30th. Bank of America increased their price objective on shares of American Healthcare REIT from $27.00 to $31.00 and gave the company a "buy" rating in a research report on Tuesday, September 24th. Truist Financial boosted their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. Colliers Securities raised shares of American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a report on Sunday, October 13th. Finally, Royal Bank of Canada lifted their price objective on shares of American Healthcare REIT from $28.00 to $30.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, American Healthcare REIT has an average rating of "Moderate Buy" and an average price target of $26.00.

American Healthcare REIT Company Profile

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.